On a more serious note, it is no industry secret that over the last few months there have been numerous conversations about the competitiveness between HFTP and HTNG. To me these have been caused by both organizations doing a better job of educating their members about their respective associations and the increase of social media use. One commentary which has surfaced is that HFTP is doing the industry a disservice because of its recent announcements to produce HITECs in Asia and Europe, and CIO Forums outside North America. Some say the industry does not need more conferences or tradeshows and that other organizations have things covered.
While I can only speak on behalf of HFTP, we have had many successes since our 1996 HFTP Board of Directors decided we would become the global group speaking for hospitality financial and technology professionals. So here are some points illustrating our operations related to the aforementioned commentary:
I want to reiterate a couple of points about the HTNG/HFTP relationship that might have gotten lost "in the weeds." HTNG was created at HITEC with the support of HFTP. From its inception, HTNG was created to fill a need that was not being addressed by the industry. Because HTNG is a trade organization made up of a majority of vendor/supplier members, HFTP provided them a forum, exhibit space and education session opportunities to market the organization. Over the years, HFTP has maintained that support. During the recent HTNG CEO search to identify the successor of HFTP International Hospitality Technology Hall of Fame member Doug Rice, HTNG leadership contacted me to discuss my opinions of HTNG and my comments were accepted graciously. During HITEC 2015, HFTP sponsored an event attended by both HFTP and HTNG Board of Directors to honor Doug Rice. In late August, HFTP hosted HTNG at our offices in Austin and it was a very productive meeting. It is my opinion that HFTP and HTNG both do a great job in working towards making the industry better together.
In summary, HFTP and HTNG are two organizations that have powerful members that operate in the same space. Sometimes we compete, sometimes we share, and sometimes we concentrate on our own mission statements independently. The areas where we compete only make our organizations better and the areas where we share makes the industry better.
Until next time.........
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Hospitality Financial and Technology Professionals (HFTP)
6500 River Place Blvd Building 2, Suite 101
Austin, TX 78730
Phone: +1 (512) 249-5333
Frank I. Wolfe, CAE is CEO of Hospitality Financial and Technology Professionals (HFTP), which produces the largest hospitality technology conference in the world – HITEC (Hospitality Industry Technology Exposition and Conference). Mr. Wolfe joined HFTP in 1991 and has been at the helm since 1994. At that time, he was one of the youngest association CEOs in North America. In 2000, Mr. Wolfe was honored by Lodging Magazine by being included in the “75 Profiles in Leadership” edition, a who’s who of 75 individuals who have made major contributions to the hospitality industry. In 2002, Mr. Wolfe received the HFTP Paragon Award for his significant and lasting contributions to HFTP and the hospitality industry. In 2010 he was recognized as a "Technology Trailblazer" by Hotel Business Magazine. In June 2011, Mr. Wolfe was inducted into the International Hospitality Technology Hall of Fame for his leadership with various hospitality technology projects, as well as assisting in educating the industry, over the past 20 years.
Director of Communications
Portland, OR United States
Phone: +1 (512) 220-4026